Brazil's Woes Could Slow
Asia's Economic Recovery

HONG KONG -- It's payback time. The Asian crisis helped pull the rug out from under Latin America's economies. Now it is Brazil's turn to return the favor.

Or is it? Asian financial markets fell in the wake of Brazil's devaluation of the real. But not by much. Brazil's troubles may not spark another round of financial panic in Asia, economists say. However, even if Asia's financial markets remain calm, turmoil in Latin America could...